SOLD
Sold on 18 Mar 2024 for $605,000

4218 Princes Highway
Yambuk VIC 3285

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 4237m2
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Property Details for 4218 Princes Hwy, Yambuk

Building Type
Commercial
Land Size
4237m2
Local Government
Moyne
Lot/Plan
1/PS615028

Last Listing description (June 2024)

The Yambuk Inn holds a significant place in the hearts of locals and visitors alike, with its rich history dating back to the 1850s. Its bluestone walls and weatherboard attachments stand as a testament to the passage of time and the stories woven into its very foundations.
While the doors have been closed since 2019, the opportunity now arises for a new chapter to be written for this iconic establishment. Despite its current state of disrepair, the potential for rejuvenation and reinvention is boundless.
Buyers interested in this property will need to collaborate closely with Heritage Victoria to ensure that the integrity of its historic significance is preserved. Whether it's restoring it to its former glory as a community hub or exploring alternative ventures such as a distillery, brewery, art gallery, caf, restaurant, or even a residential conversion, the options are vast. The property still maintains a current liquor license. A recent heritage approval and permit has been obtained for extension / renovation.

Sitting on a spacious 4237m2 plot of land, there's room for additional development, subject to council approval. Moreover, its proximity to the serene Yambuk lake and beach, as well as being just a brief 10-minute drive from Port Fairy's town center, enhances its appeal.
For those with a vision and a passion for heritage preservation, the Yambuk Inn presents an unparalleled opportunity. Waste no time in seizing this chance to be part of its next chapter.

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Property History for 4218 Princes Hwy, Yambuk, VIC 3285

A timeline of how this property has performed in the market
Last Sold
$605,000
18 Mar 2024
  • 18 Mar 2024
    Sold for $605,000
  • 28 Feb 2024
    Listed for Sale $550,000 + GST
  • 02 Feb 2021
    Sold for $440,000
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About Yambuk 3285

The size of Yambuk is approximately 97.1 square kilometres. It has 2 parks covering nearly 3.9% of total area. The population of Yambuk in 2011 was 325 people. By 2016 the population was 254 showing a population decline of 21.8% in the area during that time. The predominant age group in Yambuk is 40-49 years. Households in Yambuk are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Yambuk work in a managers occupation. In 2011, 82.3% of the homes in Yambuk were owner-occupied compared with 70.4% in 2016..

Yambuk has 193 properties. Over the last 5 years, Houses in Yambuk have seen a 16.98% increase in median value. As at 31 July 2024:

  • The median value for Houses in Yambuk is $773,111 while the median value for Units is $558,474.
There are currently 1 property listed for sale, and no properties listed for rent in Yambuk on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Yambuk.

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Stockdale & Leggo Port Fairy
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